Lovinger Partners
Lovinger Partners

18521 W Il Route 120 HighwayGrayslake, IL 60030

Priced at $1,795,500

Listing Details

  • $1,795,500
  • MLS# 12513982
  • Type Land - Farm
  • Status Active
  • 28.010 acres
    Lot Size
  • District 121
    Local Schools
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Description

Outstanding 28-acre parcel strategically located along highly traveled Route 120, offering excellent visibility, access, and frontage in the heart of Lake County's growth corridor. Zoned General Business (GB) and Shopping Center Business (SCB), this property allows for a wide variety of commercial and mixed-use development opportunities including retail centers, restaurants, medical offices, professional suites, entertainment uses, or potential residential components subject to approvals. Grayslake's business-friendly environment and central location between major regional hubs make this an exceptional opportunity for forward-thinking developers....read more Utilities are nearby, and surrounding development includes strong national retailers, established residential neighborhoods, and expanding commercial corridors providing a built-in customer base and workforce. A four-bedroom single-family home currently occupies the property and is rented on a month-to-month basis, offering immediate holding income during planning and entitlement. This is one of the few remaining large development sites along Route 120, ideal for investors, builders, and commercial developers seeking scale, flexibility, and high visibility in a thriving market.

Features

  • $7,103 Taxes
View All Features
Lovinger Partners
Lovinger Partners Broker Associate Libertyville Office (847) 778-9519 cell (847) 367-1855 office lovingerpartners.bairdwarner.com

Contact the Listing Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Land - Farm
  • Basement: Cellar
  • Days on Site: 196
  • Laundry: In Unit
  • Lot Dimensions: 1168x785x666x683x701x131x259
  • Lot Size: 28.01 Acres
  • Parcel#: 07311000230000
  • Taxes: $7,103
  • Township: Warren